With just eighteen months to go before the Russian gaming landscape is redrawn according to President Vladimir Putin’s draconian 2006 federal law, business is booming for Russia’s operators. However, would-be investors are delaying their decisions while faced with growing political uncertainty in the four new casino zones that are planned to host the industry’s next stage. A total ban on gambling in Russia is set to begin on July 1, 2009 and the only exemptions will be the four specially designated zones in the Kaliningrad, Altai, Krasnodar / Rostov, and Primorye regions. So far, for investors considering capital-intensive moves to those areas, information has been scarce.
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